Innovate
Financial Support
“FUSION offered a
fantastic opportunity to bring some new education into the business.We were able to
employ a graduate and the project data management system he implemented
provided us with a major advantage in our design and manufacturing process.''
Paul Walsh, Founder, Tegan Innovations
Business - Academic - Graduate Partnership
Through our FUSION programme, support packages worth up to £29,500 / €33,150 are available for you to recruit a talented graduate to lead a business improvement project within your company.
You will be partnered with a third level institution with the specialist expertise you need and a graduate who will be based in your company to lead a 12 month innovation project of your choice.
On average, each company taking part on the programme benefits from over £1 million worth of sales and efficiency savings as a result of cost savings, new product development, increased sales and/or process improvements. We’ll even help you complete your application!
'' The Innova Programme offers an ideal vehicle for ambitious companies on both sides of the border to combine their respective strengths to develop new product offerings and compete on the international stage. Without their hands-on assistance through the early stages of the
project development along with their financial backing, the project
would not have proceeded.''
Paul Conheady, CEO, Central Solutions Limerick - in partnership with FM Environmental in Newry, Co.Down.
Company to Company R&D
Funding worth up to £250,000 per project can be claimed by companies to accelerate new product, process or service developments through partnering with a company in the other jurisdiction (North or South). As well as the financial support available, you will benefit from pooling your expertise and resources with another company anywhere on the island to bring your innovations to market faster than if they were working alone.
Your ideas must have strong commercial potential and you should have identified your R&D partner before applying. Our next round of funding for the Innova programme will take place in 2011 so register your interest now!